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    Downtown Kalamazoo Mixed-Use Building Title is generated by Realmo AI

    321 S Kalamazoo Mall, Kalamazoo, MI 49007

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    For Sale
    $690,000

    Mixed-use building in downtown Kalamazoo with upgraded interior finishes.

    Type:Commercial
    Property size:
    18,000 SF
    Lot size:
    0.14 Acres
    Price / SF:
    $38/SF
    Added:
    Mar 12, 2026
    Days on Market:
    117
    Last Refresh:
    Jul 2 at 11:24 am

    Property Features for 321 S Kalamazoo Mall

    General Information

    Standard status
    Active
    Size
    18,000 SF
    Lot size
    0.14 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1980

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    Matthew T Vernon

    Listing office Vernon Group Realty

    Listing date Mar 12, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Vernon Group Realty

    HighLights

    • 8% cap rate
    • Located in tax incentivized opportunity zone
    • Building attached to epic parking garage
    • Mixed‑use building in downtown Kalamazoo
    • Engineered to add 1 floor on all concrete steel construction
    • 1st & 2nd floors fully leased

    Overview

    This mixed-use building is located in downtown Kalamazoo. The building features upgraded interior finishes and is attached to the Epic Parking Garage. The property consists of 6,000 square feet per floor across three floors. The first and second floors are fully leased by two businesses under modified gross leases. The landlord offers caged storage and partially finished areas. The property is located within walking distance of downtown Kalamazoo's restaurants, brewpubs, coffee shops, and retail options. It is also located in a tax incentivized Opportunity Zone. The building is engineered to support the addition of one floor, utilizing all concrete steel construction. The property has an 8% cap rate.
    Property Profile Location Intelligence

    Current Use by Public Records

    Center For Clinical Research ... Research Institute Morrison Jewelers (Bike/Boat/Book/etc) Store

    Suggested Use

    Acupuncture Pet Grooming Service Supermarket (Bike/Boat/Book/etc) Store Restaurant (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Clothing & Fashion Store (Bike/Boat/Book/etc) Store Clothing & Fashion Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kalamazoo
    County
    Kalamazoo
    State
    Michigan
    Longitude
    -85.5831
    Latitude
    42.2896

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building in downtown Kalamazoo with upgraded interior finishes.
    Where is this mixed-use property located?
    The property is located at 321 S Kalamazoo Mall Kalamazoo, MI.
    What is the asking price?
    The asking price for this property is $690,000.
    What are key features of this property?
    This property features: 8% cap rate; Located in tax incentivized opportunity zone; Building attached to epic parking garage
    More about this property
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